Breakdown

Following the breakdown of the crucial support at $0.28, sellers have pushed the XRP to the low of $0.255. Besides the crucial support, the other support levels are easily broken.

Following the breakdown of the crucial support at $280, the crypto has continued to fall and has extended its fall to the $260 low.

Today, Bitcoin Cash is trading at $297 after the rejection at the $320 resistance. This is the second time buyers will be facing rejection at the same price level.

For the past 48 hours, Bitcoin is consolidating above $11,000 support after a sudden crash. On Sunday, August 2, buyers pushed BTC above $12,000 high.

Bitcoin Cash has rebounded twice above the $220 support to move up after the recent breakdown. In the first rebound, the price reached a high of $228.

Since April, buyers have been attempting to break the overhead resistance at $3.10. The coin has suffered several breakdowns before reaching the recent high of $2.70.

Ethereum's recent fall was a general breakdown in the cryptocurrency market. The bears broke below the price range of $236 and $244. The coin fell to $228 low as the price corrected above $232 high.

On July 5, Litecoin rebounded twice as price rallied to $46 high. Ironically, yesterday the coin had the second breakdown as price dropped to $41 price level. In other words, the bullish run of Litecoin has been erased by the bearish run.

Litecoin rebounded above $41 as the coin reached a high of $43.88 high. Following the recent breakdown on June 27, the bears pushed the coin to $39 low.